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Asia Predicted to Lead Growth in Tourism's Economic Impact

The WTTC projects that Asia will lead the travel and tourism industry's growth trajectory from 2023 to 2033. North-East Asia is anticipated to see the greatest growth at 8.9% followed by South, South-East and Central Asia, all with more than 6% growth over this period. The Middle East and Africa are the next largest growth regions at between 4.7% and 5.1% growth, leaving Europe and the Americas in the dust. The European Union will only see 2.6% growth over the next 10 years, and north America just 3.1%.

Description

This infographic shows how Asia is predicted to lead growth for travel and tourism's direct contribution to GDP 2023-2033.

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Total contribution of travel and tourism to GDP in the Asia-Pacific region in 2023, with forecasts for 2024 and 2034, by country or territory (in billion U.S. dollars)
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Share of the GDP of the tourism sector in Western Asia from 2013 to 2028
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Share of the GDP of the tourism sector in Asia from 2013 to 2028
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Share of the GDP of the tourism sector in Southeast Asia from 2013 to 2028
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Share of the GDP of the tourism sector in Eastern Asia from 2013 to 2028
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Total contribution of travel and tourism to the GDP in Southeast Asia from 2015 to 2023, with forecasts for 2023 and 2034 (in billion U.S. dollars)

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